News Focus
News Focus
Followers 4
Posts 988
Boards Moderated 0
Alias Born 03/28/2007

Re: roger wilco post# 3319

Saturday, 02/27/2010 11:48:05 AM

Saturday, February 27, 2010 11:48:05 AM

Post# of 17111
So why don't you please give me the smart commentary? Exactly what is reverse split territory? Billions of shares outstanding do not qualify? I don't know how many billions are currently outstanding here after this recent dilution, but a company does not have to be at their authorized level before conducting a reverse split. That is especially true if a company is trying to raise capital for an acquisition. What else besides shares in the company are they going to use as capital? Otto's reputation? I'd really like to know.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today